Turnaround/Crisis Management Consulting

Nperspective has the ability to assist clients through difficult times through its crisis management services. In most instances, client companies are experiencing severe cash shortages, poor bank and vendor relations, inefficient operations and declining morale. Nperspective’s approach in solving these issues includes performing an initial assessment of the condition of the business to establish:

The viability of a turnaround

The breakeven point of the business

The cost restructuring needed to assure viability

The ability to avoid a Chapter 11 bankruptcy filing

A recommendation for the business to move
forward

Once this recommendation is adopted by company management, Nperspective will then assume an operational role, typically as Chief Restructuring Officer, to navigate the company through its recovery process. This phase includes:

Marshaling the resources of the company to address the most critical needs

Meet with the company’s lenders to inform them of the turnaround plan and negotiate a “standstill” agreement to provide the company the time needed to re-establish profitability